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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Car sales rise at a slower pace of 14.1 pct in Aug
EconomyMacroeconomyan annual nosedive of almost 30 percent. So, despite a rebound by 1.2 percent in 2013 and strong... represents a sharp drop of two-thirds from the 2008 figure of 347,354. Market sources attribute the double... month. The absolute figure landed at 6,350 in August, which also represents the second lowest
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Industrial production growth slows to 2.3 pct in Nov
EconomyMacroeconomyon month in November after a strong rise of 4.5 in October and landed at 92.53, which is the second... percent respectively. Double-digit rises were also recorded by basic metals (+26.1 percent
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyprimary surplus beat the target by 1.27 billion euros, mostly due to strong underspend with primary... outperformance was almost double at 347 million. In the 2-month period, gross revenues edged down 0.4... million above target. Overall, net revenues fell by 1.4 percent in the 2-month period and landed at 7.99
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Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
EconomyMacroeconomyby 7 percent to 3.4 billion, reflecting a double-digit rise in indirect taxes by 10.7 percent, while..., still entailing a strong underspend of 791 million. The latter largely reflects lower social... by 2.6 percent in the previous month and landed at 3.05 billion, which is the second lowest reading so
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Newsletter 127 - 14/07/2017
“two very strong signals” regarding Greece. The yield on 812.5 million euros of three-month T-bills... shows that latest figures reversed the double-digit growth of March During the first four months... February this year. As a result, central bank funding landed at 54.25 billion at the end of June
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Newsletter 226 -01/11/2019
Double boost on debt front Athens gets green light on IMF prepayment as yield curve continues..., strong budgetary performance and the favourable government debt structure. These positive aspects... the target by 542 million. Overall, the PIB balance landed on a deficit of 777 million euros. 2
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Newsletter 459 - 11/04/2025
with them,” he said. “We have very strong ties with the Middle Eastern countries, we have strong ties... that will be gradually introduced during the rest of the year. A strong indication of the severe damage... in March, led by rents and energy, with rents at double-digit increases of 10.5 pct.
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Turkey and Western Balkans top Greek agenda at European Council
PoliticsForeign Policywaters,” Dendias said. Athens is also reminding allies and partners to refrain from double standards... allies. Turkey carries a particular influence in Libya, a country of a special interest to Italy... process for the de facto reunification of Libya and called on all sides to avoid violence
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Stock market slips 1.4 pct dragged by huge bank losses
EconomyThe Greek stock market edged lower 1.4 percent this week amid strong under-performance of bank...-tranche of 1 billion. The General Index of the Athens Stock Exchange landed at 649.79 on Friday, which... mainly dragged by aluminum prices. Sales fell 9.7 percent to 247.9 million, while EBITDA halved to 31.6
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